S african rand exchange rate

Global markets marched confidently into 2017 on Tuesday, with Asian stocks extending gains after European shares surged to their highest in a year, while the dollar resumed its climb after last week's stumble.
Markets were buoyed by signs of solid factory growth in China and Europe, giving the global manufacturing sector a solid boost heading into the new year.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.4 percent as most regional markets reopened after the New Year holiday. It ended 2016 with a 3.7 percent gain, its best year in four.
Japan was closed for an extended New Year holiday.
Australian shares were the best performers in the region with a 1.2 percent jump. Hong Kong's Hang Seng .HSI rose 0.5 percent.
In China, both the CSI 300 index .CSI300 and the Shanghai Composite .SSEC saw 0.8 percent gains. China was Asia's worst performing major stock market in 2016 with a 11.3 percent loss in its worst year in five.
A private business survey showed … [Read more...] about Asia stocks edge up in positive start to 2017, dollar resumes climb

South Africa enters Age of Good Hope (23-05-2007) South Africa is flourishing in terms of economic growth, government initiatives and social reform, as policymakers set their sights on long-term development goals. by Le Thanh
Workers at the Volkswagen plant in Port Elizabeth. The automotive industry is the leading manufacturing sector in South Africa. — VNS Photo Le Thanh
All those who visit South Africa speak of the big changes taking place. The former pain, uncertainty and division caused by apartheid that separated blacks and whites into two separate societies have gone. The democracy, found-ed by former President Nelson Mandela in 1994, is gradually turning the dream of the nation’s indigenous people into reality: that is to live in freedom and thrive in their own country. They now have the right to make their country as strong and beautiful as they choose without any interference. Unity, confidence During the last three years, the sense of national unity among … [Read more...] about South Africa enters Age of Good Hope

Asian share markets looked set to end a rough, volatile year on a subdued note on Thursday as a renewed slide in oil prices sapped sentiment, a baleful trend that shows every sign of lingering into 2016. European markets were also poised for a sluggish finish to 2015, with financial spreadbetters expecting .FTSE to open down about 0.3 percent and France's CAC40 .FCHI to be about 0.1 percent lower on Thursday. Germany is closed. The pan-European FTSEurofirst 300 index .FTEU3, which closed down 0.5 percent on Wednesday, is on track for a gain of 5.6 percent in 2015. The relentless decline in oil prices, which have slumped as much as 35 percent this year, has hit currencies of commodity-rich countries including the Russian rouble, Canadian dollar, Norwegian crown, Brazilian real and Mexican peso. While cheaper fuel is a boost to consumer spending power in much of the developed world, it is also a disinflationary force that reinforces bets on loose monetary policy in Europe, Japan and … [Read more...] about Oil, Asia shares see subdued end to year dominated by Fed, China